Question: I need typed answer with explanation don't use AI BOT. Give me a proper step by step explanation I will thumb up. Kerry is a

I need typed answer with explanation don't use AI BOT. Give me a proper step by step explanation I will thumb up.

Kerry is a partner in the Kerry, Davis, Smith & Jones Partnership. Kerry owned 25% from January 1, 2019, to June 30, 2019, when he bought Jones's 25% interest. He owned 50% for the rest of the year. The partnership had ordinary income of $160,600 and $20,000 in long-term capital gains. Barring any special allocations in a partnership agreement, what is Kerry's share of income? (Do not round any division. Round other computations to the nearest whole dollar value.)

Ordinary Income:

LTCG:

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